32,956 Shares in Deutsche Bank Aktiengesellschaft $DB Purchased by Caprock Group LLC

Caprock Group LLC purchased a new stake in Deutsche Bank Aktiengesellschaft (NYSE:DB) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 32,956 shares of the bank’s stock, valued at approximately $1,158,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. Norges Bank purchased a new position in shares of Deutsche Bank Aktiengesellschaft during the 2nd quarter valued at approximately $719,395,000. Fisher Asset Management LLC boosted its stake in Deutsche Bank Aktiengesellschaft by 35.0% during the 2nd quarter. Fisher Asset Management LLC now owns 25,471,401 shares of the bank’s stock valued at $745,803,000 after acquiring an additional 6,605,750 shares during the last quarter. Amundi increased its position in shares of Deutsche Bank Aktiengesellschaft by 15.3% in the 2nd quarter. Amundi now owns 40,664,519 shares of the bank’s stock worth $1,182,931,000 after purchasing an additional 5,403,011 shares during the last quarter. Liontrust Investment Partners LLP acquired a new position in Deutsche Bank Aktiengesellschaft in the second quarter worth about $147,318,000. Finally, Acadian Asset Management LLC grew its position in shares of Deutsche Bank Aktiengesellschaft by 90.6% in the 2nd quarter. Acadian Asset Management LLC now owns 9,837,047 shares of the bank’s stock worth $290,601,000 after acquiring an additional 4,674,860 shares in the last quarter. 27.90% of the stock is currently owned by hedge funds and other institutional investors.

Deutsche Bank Aktiengesellschaft Stock Down 3.8%

Shares of DB opened at $35.27 on Friday. The business’s fifty day moving average is $38.46 and its 200 day moving average is $36.54. Deutsche Bank Aktiengesellschaft has a 12-month low of $18.89 and a 12-month high of $40.43. The company has a current ratio of 0.76, a quick ratio of 0.78 and a debt-to-equity ratio of 1.43.

Deutsche Bank Aktiengesellschaft (NYSE:DB) last posted its earnings results on Thursday, January 29th. The bank reported $0.88 EPS for the quarter, topping the consensus estimate of $0.72 by $0.16. Deutsche Bank Aktiengesellschaft had a net margin of 10.02% and a return on equity of 7.49%. The company had revenue of $8.99 billion during the quarter, compared to the consensus estimate of $7.71 billion. On average, research analysts predict that Deutsche Bank Aktiengesellschaft will post 2.93 EPS for the current fiscal year.

Deutsche Bank Aktiengesellschaft Increases Dividend

The business also recently announced an annual dividend, which will be paid on Tuesday, June 2nd. Investors of record on Monday, June 1st will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Monday, June 1st. This is a positive change from Deutsche Bank Aktiengesellschaft’s previous annual dividend of $0.51. This represents a dividend yield of 251.0%.

Analysts Set New Price Targets

DB has been the subject of several recent research reports. Citigroup restated a “sell” rating on shares of Deutsche Bank Aktiengesellschaft in a research report on Thursday, January 22nd. Zacks Research lowered shares of Deutsche Bank Aktiengesellschaft from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Jefferies Financial Group assumed coverage on Deutsche Bank Aktiengesellschaft in a research note on Monday, October 20th. They set a “hold” rating for the company. Wall Street Zen upgraded shares of Deutsche Bank Aktiengesellschaft from a “hold” rating to a “buy” rating in a research report on Saturday, December 20th. Finally, Morgan Stanley reaffirmed an “overweight” rating on shares of Deutsche Bank Aktiengesellschaft in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

About Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft is a global banking and financial services company headquartered in Frankfurt, Germany. Founded in 1870 to support German foreign trade, the firm has grown into a full-service bank offering a wide range of banking, advisory and transaction services to corporate, institutional, and private clients. Over its history the bank has expanded internationally and developed capabilities across capital markets, investment banking, retail and commercial banking, and wealth management.

The bank’s core business activities include corporate and investment banking—covering financing, advisory, sales and trading, and capital markets services—along with private & commercial banking for individual and small-to-medium enterprise clients.